Tonnage fall in February for Finnair

Finnair handled four per cent less cargo volumes in February compared to the same month in 2017, as tonnage to the Europe and North Atlantic regions fell.

The carrier moved 9,344 tonnes as European tonnage plunged 29.1 per cent to 1,124 tonnes, and North Atlantic tonnage was down 20.7 per cent to 514 tonnes.

However, the Asian region, which is Finnair’s main focus as it has grown its route network, saw growth of 16.9 per cent to just over 7,000 tonnes.

Other figures are up in the month as available scheduled cargo tonne kilometres increased by 18.4 per cent year-on-year. Revenue scheduled cargo tonne kilometres increased by 12.1 per cent.

In the first two months of 2018, cargo tonnage is down 3.8 per cent to 18,741 tonnes, largely due to Finnair running less cargo flights which decreased, as in the same period last year the carrier rented cargo space from Japan Airlines.

The cargo load factor for February was 54.4 per cent, 5.5 percentage points down on the same month last year and in the first two months of 2018 it was 52.7 per cent, 4.1 percentage points down on last year.

Finnair’s total cargo capacity also includes three weekly freighter flights between Helsinki and Brussels, operated by DHL.